I buy at 15-17 and sell at 70+ unless i really need the NP like during the bank glitch day, where i sold 90% of my port to buy the GFD lol [b]Curent Port:[/b] Totals: 634,016 9,618,243 9,450,293 -1.75% [b] Shares Sold:[/b] 427,984 7,833,787 27,872,511 355.80% Gains 20,038,724

I have been buying stocks for years and have over a million invested currently. Almost all of this is profit as I sell half my shares at 30 when it doubles recouping the initial investment. Any additional sales when it increase is all profit so I am not tying up my initial investment for long. So I buy at 15 then sell 500 shares at 30 and 250 shares at 60 then the balance when stock gets around 100. This last rarely happens though so if I will often have a bunch of shares sitting in lots of 250. I often will sell some of them the next time the stock hits 60 to keep the amount invested down to a certain level.

Dmitri: What was bank glitch day? And Jathina: don't you ever feel like you're missing out on NP? If you've been playing for years, you should have been around for long enough to see that most stocks do reach 60. By selling some at 30, you're not really making your investment back, you're preventing yourself from that much again when you could sell at 60.

Bank glitch day was when neopoints could be duped via the bank so tnt took down the bank,which meant none of us could get our neopoints from the bank. While it was down, tnt released the Glittery Faerie Dust in the hidden tower for ~6million. Then 1hr later, raised the price to 12.5m. I towered it using my stocks before it went up - Instant 6.5m profit that boosted me to main market lol

Very nice work. Takes real balls to make a move like that. Glad it worked out for you. I couldn't have done it...

[quote=darkelvensfi]And Jathina: don't you ever feel like you're missing out on NP? If you've been playing for years, you should have been around for long enough to see that most stocks do reach 60. By selling some at 30, you're not really making your investment back, you're preventing yourself from that much again when you could sell at 60.[/quote] Oh yes I am pretty sure all the stocks I have hit 60 at least once. It usually takes a long time to do that though and doing it my way I have very little cash out of pocket when investing as stocks drop to 15. Of the million in stocks I currently have on hand I estimate that at least 80% were bought from profits and not new injections of nps. It is true that my profit margin per sale is lower but my working capital is higher and more then likely my annual earnings are higher as I am selling stocks much more often then someone holding them until they hit 60. I notice that I sell shares at 30 about 4 times more often then I do at 60 so if I sold: (20) lots of 500 shares at 30 = 300,000 (5) lots of 500 shares at 60 = 150,000 Total revenue = 450,000 (5) lots of 1000 shares at 60 = 300,000 I made more money during that time frame selling them by my method (ignoring the portion I tend to keep for higher sales prices). As long as the ratio doesn't drop below 3 to 1 I will come out the same or better then selling all at 60.

Hey jathina, I understand the thought process and I dont mean to disagree but I think there may be a flaw in the logic, if Im not mistaken meaning ultimately you dont make the same. I see how it would easily appear to be the same since you are comparing reselling the same stock. However you only get 1 chance at your daily 1 k shares to make the most profit out of it. So by having to by the same stock over again to make up the 30 or so points you lost by not selling at 60 your losing a day of buying another stock at 15 and making 45k or more off it.

I don't follow your logic. I will buy 1000 shares of stock at 15 any day I can whether or not I sell anything. I am just saying that my initial investment has already been recouped so I don't have a large dollar amount tied up in the stock market as I wait for stocks to get to 60. If you are referring to profit margin the above example has a profit margin of about 42% as opposed to the profit margin of about 75% profit margin when waiting until price hits 60. I would rather make 262,000 profit at 42% then 225,000 profit at 75%. I have less money tied up and am making the same annual gross profit or better. I guess the biggest difference is timing. It can take months, sometimes years, for a stock to hit 60, but it may hit 15 and 30 multiple times during that year. Also factor in all the stocks I have purchased and those that I sold in this year for 30 are not necessarily the same stocks I sold at 60. I could quite possibly have sold those shares at 30 a year ago and just now selling the last 500 shares at 60. You are looking at one stock and I am looking at my portfolio as a whole. That is the main difference in reasoning here I think.

I understand what you mean in terms of not tying up np in the stock market, if you goal is to avoid that you cant really have max profit so its kind of a mote discussion. If you want the highest profit tying up some np is required, but thats not the discrepancy. You mentioned that annual profit is the same, and I think this will only be true for a short time, maybe the first year or so, but if you play neo much longer then it wont be. I wasnt looking necessarily at one stock vs the porfolio I was looking at stocks shares generically. I thought it might help to not confuse you if say all the stock market companies were reduced to one nameless company since you were comparing reselling the same stock over and over. I just think it appears more like your making the same b/c your comparing the same name like 2 days of ACFI stock, but if you compare 1 day of ACFI and 1 day of DROO, it doesnt appear as readily to add up, so i thought it best to disregard names all together and just look at stock in terms of 1k a day, once chance profit oppurtonities. I think this would work ideally if stocks werent limited, but since you can only buy so much per day, you cant make up lost profit. Basically the easiest way to put it is if you agree that 60 is the general reasonable max then if you buy 2 days of shares you should make 90k profit some time down the road. But if you sell both days at 30 your only make 30 k total for a loss of -60 k from your total max profit. You cant make up lost ground b/c once stocks are gone thats it, and buying shares are limited. If they were unlimited I agree you could buy alot and sell quicker to equal the same.

You are still stuck on that max profit thing. I am not taking a loss, I am not maximizing my profits. I would rather make a lower profit and have less nps tied up in the stock market. It still allows me to have stock in just about all the funds available and to take advantage of those stock prices when they get to 60 and higher. The profit I make selling stock at 30 now offsets the wait on the stocks that are still climbing to 60. Basically, I will sell roughly half the stock you do at 60 but will sell stock at 30 to supplement that income (in a 4/1 ratio). (p.s. you are arguing with a CPA)